Ind. Code § 32-29-10-5
Expiration of lien; limitation of actions
As added by P.L.2-2002, SEC.14.
Notwithstanding any other Indiana statute:
- (1) the lien of a series mortgage expires ten (10) years after the final maturity date of the series mortgage; and
(2) an action may not be commenced in an Indiana court to enforce or to foreclose the lien of a series mortgage more than ten (10) years after the final maturity date of the series mortgage.
[Pre-2002 Recodification Citation: 32-8-19-2.]
As added by P.L.2-2002, SEC.14.